Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold
, we should use the formula:
= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%
They could end up financing them too much and need to borrow more money from China (we are very much in debt right now) nd then we would have more to pay
Answer:
Bombas.com
The mission statement is that they want to give to the homeless, and help those in need/
They sell socks, and for every pair u buy they give one pair to the needy.
didn't surprise me
It didn't bc they are always advertising and expressing the need for giving.
hope i help
Answer:
COGS= $880,000
Explanation:
Giving the following information:
Beginning inventory= $45,000
Ending inventory= $35,000
Total Purchase= 870,000
<u>To calculate the cost of goods sold (COGS), we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 45,000 + 870,000 - 35,000
COGS= $880,000
